...this will be a major event week for stock markets around the globe. It’s decision time. Trade deal or no trade deal, interim deal, easing of tensions, or another pushback with no specific results. The implications for markets are profound.
Following a turbulent week for markets where stocks first tumbled then soared, the focus this week turns to the scheduled trade talks between the US and China and even more central bank speak.
The Fed's nearly free money for financiers policies in support of the Super-Rich do not exist in a vacuum - the disastrous consequences are already baked in.
Global stocks were little changed on Monday as S&P futures rebounded from session lows despite a Bloomberg report China was set to reject a broad trade deal with the Trump administration, which sent the yuan sliding.
It's a dangerous game for equity investors to be playing but maybe the negative yielding bonds are creating perverse behaviour nobody could think of just 10 years ago.
Many want to tell us that this episode is temporary... This is, like the inverted yield curve and the massive rise in negative-yielding bonds, the tip of a truly scary iceberg...
ISM PMI, Consumer Confidence and Initial Jobless Claims are not some unique Morgan Stanley Research discovery. They are key barometers for many of our most sophisticated asset allocation clients.
